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Long NHS waiting lists fuel return to profit at healthcare firm Spire

Spire Healthcare, Britain’s second-largest private hospital operator, as seen its profits rise as a result of a surge in patients choosing to pay for hip and knee operations, as the NHS waiting lists for non-urgent surgeries reached unprecedented levels during the pandemic.

Spire, which runs 39 hospitals and eight clinics, reported a pre-tax profit of £4.7m for the six months to June, against a loss of £231m a year earlier.

The firm reported record revenues from private patients without health insurance paying for their own treatments, with the number up almost 47% from pre-pandemic levels. The increase helped lift revenues nearly 40% to £558m.

Full story in The Guardian, 9 September 2021

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